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Boston Globe (Free subscription) | 08/13/2008
Utility E.ON AG said Wednesday its second-quarter and six-month profit both slipped but that sales rose as demand for electricity and natural gas did not waver.
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The Earth Times Online Newspaper (Free subscription) | 08/13/2008
Frankfurt - Germany's biggest power company E.ON AG posted on Tuesday an 8-per-cent rise in first-half profits as high energy prices boosted the group's earnings. Adjusted net profit rose to 3.3 billion euros (4.9 billion dollars) during the first si...
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Market Watch (Free subscription) | 08/13/2008
FRANKFURT (MarketWatch) -- E.ON AG , the world's largest investor-owned utility by market value, Wednesday raised its full-year net profit outlook after reporting a near-8% increase in first-half adjusted net profit. The company said it now expects adjusted net profit to rise between 5% and 10% on the year, whereas it previously only projected a "slight increase." Adjusted for non-recurrent...
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The Earth Times Online Newspaper (Free subscription) | 07/24/2008
Stockholm - German energy giant E.ON AG Thursday said it is has completed an agreement with Norwegian power group Statkraft to take full ownership of Swedish subsidiary E.ON Sverige. The agreement signed Thursday in Stockholm sees E.ON take over Stat...
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The Earth Times Online Newspaper (Free subscription) | 07/21/2008
Berlin - Europe's biggest utility group E.ON AG said Monday it had joined Danish power group Dong Energy to take control of the world's largest offshore wind farm. E.ON and Dong are to become 50.50 partners in the London Array offshore wind farm afte...
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Russia News Net (Free subscription) | 07/22/2008
Edited Press Release FRANKFURT -(Dow Jones)- German utility E.ON AG (EOA.XE) said Tuesday it has started on a new-build power project in Russia. The company said it would invest around EUR800 million in the project.E.ON has started work on the construction of two new combined-cycle gas turbine units at its Surgutskaya GRES-2 power plant in Siberia. The two units will add 800 Megawatts...
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Royal Dutch Shell plc .com (Free subscription) | 07/15/2008
E.ON AG. is in talks with Royal Dutch Shell to acquire the latter's stake in their joint wind park project London Array off the British coast, Boersen-Zeitung reported, citing company sources.
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Royal Dutch Shell plc .com (Free subscription) | 07/22/2008
The U.K. arm of German utility E.On AG and Denmark-based DONG Energy said they bought Royal Dutch Shell PLC's stake in the U.K.'s London Array offshore wind project for an undisclosed sum, giving each company a half share in the project.